Hello everyone and sorry if this is a real rookie question.

    I am a reservist that is about to mobilize in a few months. I was cut orders beginning of this month and report to active duty date is beginning of December.

    I was planning on buying a car, but recently received orders in hand. If I went and bought a car now and got an interest rate above 6%, I wouldn't be able to show my orders to have it reduced to the finance people, correct? It would have had to have been a loan I took out prior to every being cut orders to active duty?

    I'm a reservist in a unit that is activating. Would SCRA apply to loans acquired AFTER having received physical orders to active duty/mobilization but not reported in yet?
    byu/Armani-X inMilitaryFinance



    Posted by Armani-X

    3 Comments

    1. Doesn’t it only apply to loans taken before you’re called to duty? I don’t think it applies to loans you take up after you have orders

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